Morgan Stanley reaffirmed their equal weight rating on shares of easyJet plc (LON:EZJ) in a report issued on Monday, Marketbeat reports. They currently have a GBX 1,230 ($16.17) target price on the stock.

EZJ has been the subject of several other reports. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 1,600 ($21.04) price objective (up from GBX 1,550 ($20.38)) on shares of easyJet plc in a research note on Monday, September 4th. UBS AG reaffirmed a buy rating on shares of easyJet plc in a research note on Monday, September 11th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 1,150 ($15.12) price objective on shares of easyJet plc in a research note on Monday, July 17th. Deutsche Bank AG set a GBX 1,310 ($17.22) price objective on easyJet plc and gave the company a neutral rating in a research note on Tuesday, August 29th. Finally, J P Morgan Chase & Co reaffirmed an underweight rating and issued a GBX 1,380 ($18.14) price objective on shares of easyJet plc in a research note on Monday. Seven investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company’s stock. easyJet plc currently has an average rating of Hold and an average target price of GBX 1,249.09 ($16.42).

Shares of easyJet plc (LON:EZJ) opened at 1289.00 on Monday. The stock’s market capitalization is GBX 5.07 billion. easyJet plc has a 12 month low of GBX 865.00 and a 12 month high of GBX 1,444.00. The company’s 50 day moving average price is GBX 1,215.61 and its 200 day moving average price is GBX 1,250.65.

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In other news, insider Andrew Findlay bought 135 shares of easyJet plc stock in a transaction that occurred on Thursday, August 31st. The shares were purchased at an average price of GBX 1,195 ($15.71) per share, for a total transaction of £1,613.25 ($2,121.02). Insiders purchased 433 shares of company stock worth $529,987 in the last quarter.

About easyJet plc

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet plc (LON:EZJ)

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